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Gold price news tomorrow 5/29/2025 Domestic and world gold prices have recovered thanks to Fed minutes

Gold price tomorrow, May 29, 2025 is forecast to increase slightly as world gold price recovers and domestic buying power continues to be boosted.

Báo Quảng NamBáo Quảng Nam28/05/2025

Update the latest gold price details today, May 28, 2025 in the domestic market

At the time of survey today, May 28, 2025, domestic gold prices recorded a strong upward trend at most major brands, marking a vibrant trading day in the gold market. Specifically:

The price of SJC gold bars in Hanoi was listed at VND116.2 million/tael (buy) and VND118.7 million/tael (sell), an increase of VND700,000/tael in both directions compared to yesterday. Similar prices were recorded in Ho Chi Minh City and Da Nang, showing the consistency in the upward trend of this brand.

DOJI Group listed the price of SJC gold bars at 116.2 million VND/tael (buy) and 118.7 million VND/tael (sell), up 400 thousand VND/tael in both directions. This is a slight increase compared to SJC but still retains great appeal from the market.

Meanwhile, the gold price at Mi Hong Jewelry Company remained at VND116.5 million/tael (buy) and VND118.5 million/tael (sell), unchanged from yesterday. Similarly, PNJ listed the gold price at VND111.3 million/tael (buy) and VND114.4 million/tael (sell), with no adjustment during the day.

Gold price in Phu Quy increased slightly by 400 thousand VND/tael, reaching 115.7 million VND/tael (buy) and 118.7 million VND/tael (sell). This is an adjustment in line with the general trend in the market.

Gold price tomorrow 5/29/2025 domestic and world gold prices increase again
Gold price news tomorrow 5/29/2025 Domestic and world gold prices have recovered thanks to Fed minutes

The price of 99.99% gold jewelry at SJC increased by VND300,000/tael, currently trading at VND111.3 million/tael (buy) and VND113.4 million/tael (sell). Other jewelry products such as 99% gold, 68% gold and 41.7% gold also recorded similar increases, reflecting stable purchasing power from the market.

With today's strong upward trend, the gold market is reflecting great interest from investors. The simultaneous increase in gold prices at major brands such as SJC, DOJI, and Phu Quy shows expectations for the stability of this precious metal in the context of the global economy still having many fluctuations.

The latest gold price update table today, May 28, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 116.2 ▲700 118.7 ▲700
DOJI Group 116.2 ▲400 118.7 ▲400
Red Eyelashes 116.5 - 118.5 -
PNJ 111.3 - 114.4 -
Vietinbank Gold 118.7 ▲700
Bao Tin Minh Chau 116.2 ▲700 118.7 ▲700
Phu Quy 115.7 ▲400 118.7 ▲400
1. DOJI - Updated: May 28, 2025 18:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 116,200
▲700
118,700
▲700
AVPL/SJC HCM 116,200
▲700
118,700
▲700
AVPL/SJC DN 116,200
▲700
118,700
▲700
Raw material 9999 - HN 107,500
▲200
111,500
Raw material 999 - HN 107,400
▲200
111,400
2. PNJ - Updated: May 28, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 111,300 ▲400K 114,400 ▲400K
HCMC - SJC 116,200 ▲400K 118,700 ▲400K
Hanoi - PNJ 111,300 ▲400K 114,400 ▲400K
Hanoi - SJC 116,200 ▲400K 118,700 ▲400K
Da Nang - PNJ 111,300 ▲400K 114,400 ▲400K
Da Nang - SJC 116,200 ▲400K 118,700 ▲400K
Western Region - PNJ 111,300 ▲400K 114,400 ▲400K
Western Region - SJC 116,200 ▲400K 118,700 ▲400K
Jewelry gold price - PNJ 111,300 ▲400K 114,400 ▲400K
Jewelry gold price - SJC 116,200 ▲400K 118,700 ▲400K
Jewelry gold price - Southeast PNJ 111,300 ▲400K
Jewelry gold price - SJC 116,200 ▲400K 118,700 ▲400K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 111,300 ▲400K
Jewelry gold price - Jewelry gold 999.9 111,300 ▲400K 114,400 ▲400K
Jewelry gold price - Jewelry gold 999 111,190 ▲400K 113,690 ▲400K
Jewelry gold price - Jewelry gold 99 110,260 ▲400K 112,760 ▲400K
Jewelry gold price - 916 gold (22K) 101,840 ▲400K 104,340 ▲400K
Jewelry gold price - 750 gold (18K) 78,000 ▲400K 85,500 ▲400K
Jewelry gold price - 680 gold (16.3K) 70,030 ▲400K 77,530 ▲400K
Jewelry gold price - 650 gold (15.6K) 66,620 ▲400K 74,120 ▲400K
Jewelry gold price - 610 gold (14.6K) 62,070 ▲400K 69,570 ▲400K
Jewelry gold price - 585 gold (14K) 59,220 ▲400K 66,720 ▲400K
Jewelry gold price - 416 gold (10K) 39,990 ▲400K 47,490 ▲400K
Jewelry gold price - 375 gold (9K) 35,330 ▲400K 42,830 ▲400K
Jewelry gold price - 333 gold (8K) 30,200 ▲400K
3. SJC - Updated: May 28, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 116,200
▲700
118,700
▲700
SJC gold 5 chi 116,200
▲700
118,720
▲700
SJC gold 0.5 chi, 1 chi, 2 chi 116,200
▲700
118,730
▲700
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 111,300
▲300
114,000
SJC 99.99% gold ring 0.5 chi, 0.3 chi 111,300
▲300
114,100
Jewelry 99.99% 111,300
▲300
113,400
Jewelry 99% 107,777 112,277
Jewelry 68% 70,769 77,949
Jewelry 41.7% 40,942 47,442

Update gold price today May 28, 2025 latest on the world market

At the time of trading at 22:35 on May 29, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,294.79 USD/ounce. Converted according to the USD exchange rate on the free market (26,140 VND/USD), the world gold price is equivalent to about 104.24 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (116.2-118.7 million VND/tael), the SJC gold price is currently about 14.46 million higher than the international gold price.

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On May 28, 2025, the price of gold on the world market edged up slightly, attracting the attention of many people after falling in the previous trading session. Specifically, the spot gold price increased by 0.4%, reaching $3,312.05/ounce at around 9:00 a.m. US time. Previously, the gold price had hit its lowest level on May 27, 2025 at $3,285.19/ounce. Meanwhile, the gold futures price in the US also increased by 0.3%, reaching $3,310.60/ounce. This increase shows that many investors are looking for opportunities to buy gold at reasonable prices after the previous decline.

The gold market is currently quite volatile, mainly due to the daily economic news. According to expert Jim Wyckoff from Kitco Metals, the gold price has no clear trend in the short term and may have reached a temporary peak. This means that the gold price can fluctuate, depending on new information from the market. One of the factors that many people are most interested in is the minutes of the latest meeting of the US Federal Reserve (Fed), scheduled to be announced on the afternoon of May 28, 2025. These minutes can greatly affect the gold price, especially comments on inflation, an issue that is being closely watched around the world.

Gold prices today, May 28, 2025, on the world market are affected by many different factors. In early April, US President Trump announced the application of new import tariffs, increasing global trade tensions. However, some of these tariffs were eased or postponed a week later, giving the gold market more momentum. Gold is often seen as a safe haven when the world is unstable, and tends to increase in price in a low interest rate environment. This year, gold prices have increased by 26% and reached a record high in April, showing the attractiveness of this asset class.

Goldman Sachs also recommended investors to hold more gold in their long-term portfolios, citing risks to the reputation of US institutions, pressure on the Fed and strong demand for gold from central banks. In addition, the market is waiting for US GDP data on Thursday and personal consumption expenditure (PCE) on Friday, along with comments from Fed officials. These information may continue to guide gold prices in the coming days.

Another notable point is that the amount of gold imported from the US into Switzerland in April reached its highest level since 2012, thanks to the exemption of import duties on gold. This shows that the demand for gold is still very strong globally. Meanwhile, the price of silver for immediate delivery decreased slightly by 0.3% to 33.20 USD/ounce, the price of platinum increased by 0.8% to 1,088.65 USD/ounce, and the price of palladium decreased by 0.6% to 972.36 USD/ounce. However, the focus of the market is still on the price of gold today, May 28, 2025 at the earliest, with expectations of continued volatility based on upcoming important economic information.

Gold price forecast tomorrow 5/29/2025

With the world gold price trend stable and likely to increase slightly, the domestic SJC gold bar price is forecast to increase in the morning trading session on May 29, 2025. Investors should closely monitor international economic and political factors to make appropriate decisions.

At the time of trading on the afternoon of May 28, 2025, the world gold price was recorded at 3,318.02 USD/ounce. Converted according to the free market exchange rate, the world gold price is equivalent to about 105.02 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price fluctuating from 116.2 million to 118.7 million VND/tael, the domestic gold price is currently about 13.68 million VND/tael higher than the world price.

On May 28, the world gold price recorded stability after the previous sharp decline. The main reason was the buying force that appeared when the price dropped to a low level, at the same time, the trade tension between the US and the European Union was eased thanks to the US President's postponement of the plan to impose a 50% tax on EU goods until July 9. This helped reduce the pressure on the gold price increase, temporarily stabilizing the market.

According to KCM Trade expert Tim Waterer, the price range below $3,300/ounce has stimulated some investors to buy. However, the increase in gold prices is still limited due to the optimistic sentiment in the financial market. If gold prices hold the support level in the range of $3,250 - $3,280/ounce, the possibility of gold prices continuing to rise and may head towards the $3,400/ounce mark if the risk sentiment increases.

In addition, the market is now waiting for the personal consumption expenditure (PCE) index data, an important inflation measure favored by the Fed, due to be released on Friday. The results of this index will greatly affect expectations of the Fed's interest rate policy, thereby affecting gold prices in the coming time.

In addition, consumer confidence in the US recovered in May after five consecutive months of decline, creating a positive signal for the economy. However, the prices of silver, platinum and palladium remained slightly volatile, indicating that the precious metals market in general is still searching for a clearer direction.

Source: https://baoquangnam.vn/tin-tuc-gia-vang-ngay-mai-29-5-2025-gia-vang-trong-nuoc-va-the-gioi-co-da-phuc-hoi-nho-bien-ban-fed-3155673.html


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